While the release of Apple TV remains nothing more than
a rumor, but Foxconn's CEO Terry Gou said that the
company is getting ready for iTV.

Hon Hai Precision Industry Co Ltd, also known as
Foxconn, Apple's main manufacturer, is moving to new
headquarters in Shanghai, construction of which started
on Thursday. During a news conference in Shanghai, Terry
Gou, chief of Foxconn, said that Foxconn was "making
preparations" for Apple's iTV high-definition
television, although development or manufacturing has
yet to begin.

According to a China Daily report, the TV features an
aluminum construction, Siri, and FaceTime video calling.
Foxconn's recent 50-50 joint venture factory with Sharp
in Japan is one of the preparations made for the new
device, Gou added.

Foxconn's new headquarters in Shanghai is expcted to help the company spearhead its efforts to sell more in the China market. The company plans for its headquarters in Shanghai to offer services that will complement its push in the consumer electronics retail market and e-commerce, Gou said.